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Aug 30, 2018
08/18
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you had riots in tunisia because they were pulling off energy subsidies. this is an issue for consumers they're feeling the effects in the way they have not before >> outside of food, is oil the most important commodity politically in the world >> yes it's food and oil. in the developing world, that gets people on to the streets. >> got to eat. got to drive got to fly back from norway. >> yes >> we like it, you're on our time >> thank you >> helima croft, get some rest thank you very much. >>> still to come, story we just referenced, is sitco scitgo set seized >>> and what happens when a super fast tesla, a dangerous driver and a steep train tack come together at the same time video you have to see to believe. it did not end well. darlin'. can this much love be cleaned by a little bit of dawn ultra?. oh yeah one bottle has the grease cleaning power of three bottles of this other liquid. a drop of dawn and grease is gone. olay regenerist wipes out the competition; hydrating better than $100, $200 even $400 creams. with our b3 complex, beautiful skin doesn't
you had riots in tunisia because they were pulling off energy subsidies. this is an issue for consumers they're feeling the effects in the way they have not before >> outside of food, is oil the most important commodity politically in the world >> yes it's food and oil. in the developing world, that gets people on to the streets. >> got to eat. got to drive got to fly back from norway. >> yes >> we like it, you're on our time >> thank you >> helima...
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Mar 27, 2018
03/18
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do you look at those names or do you look to names like the energy sector? >> not to sound like a broken record every time i'm on, you about i think what's going on is we are in a transition from a disinflation to deflation world to some kind of inflation world whatever that turns out to be. that's why you're getting the volatility this is a sea change going on. if i'm right about that, it says you want stocks that benefit from nominal growth, not real growth, nominal growth that could be materials, that could be energy, that could be industrials, it could be cyclicals in general, but the notion of income, you know, inflation is death to income it's the kryptonite of income. >> tom, quick last word? >> i agree i think this is like the 1950s again. from 1950 to '65, households lost money owning bonds for almost 30 years. i think it's time to own capital gains which to richard's point it's inflationary trades. >> before we wrap this up, you can give us a little crypto. >> yeah. >> you're a crypto man bitcoin is now at, what, 8,000 >> yeah. this is -- >> you sa
do you look at those names or do you look to names like the energy sector? >> not to sound like a broken record every time i'm on, you about i think what's going on is we are in a transition from a disinflation to deflation world to some kind of inflation world whatever that turns out to be. that's why you're getting the volatility this is a sea change going on. if i'm right about that, it says you want stocks that benefit from nominal growth, not real growth, nominal growth that could be...
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Feb 14, 2018
02/18
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i think the one contrarian sector tilt that we continue to advocate for is energy energy looks very, very expensive and i think the market is pricing in lower oil prices forever and i think that ultimately we're seeing tightening in the energy markets. supply and demand should lead energy stocks higher timing is difficult, but i think that over time there's very good value in energy. >> finances have moved haven't they in a big way already, joe would you stay in those? >> financials are one of those pro cyclical sectors that you should benefit from a step up in rates and the tilt of the curve will affect them in terms of their funding costs and overall earnings growth prospects. we certainly like the financial sector. >> that was -- and we know that in bull markets you get these sharp corrections, but let's say there really was some underlying -- something amiss that we just don't know about. what would it be could it be that the fed is unsuccessful in extricating them this was unprecedented what the fed -- >> i think this -- >> could they screw this up? >> there's an inflection poin
i think the one contrarian sector tilt that we continue to advocate for is energy energy looks very, very expensive and i think the market is pricing in lower oil prices forever and i think that ultimately we're seeing tightening in the energy markets. supply and demand should lead energy stocks higher timing is difficult, but i think that over time there's very good value in energy. >> finances have moved haven't they in a big way already, joe would you stay in those? >> financials...
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Aug 17, 2018
08/18
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fact we're seeing less demand for chips is what you would expect to see >> in many countries where energy costs are higher, ie south korea, it becomes unprofitable or less profitable to mine the coins. >> exactly at a higher price you're willing to put more chips to work to mine a bitcoin at these prices it makes less sense to do that you always reference bitcoin to gold you note gold's market cap is $110 billion >> that's where bitcoin is today. >> 110 billion but gold is at 8 trillion? >> exactly >> i could make the argument you're doing it because you think bitcoin will go up to get closer to gold how do we know that gold won't come down and get closer to bitcoin? >> that could happen if you look at the arc of history, that is not what's happened gold has emerged as the global store value. it has held that position for a couple thousand years. that's an awesome run. we have something that functions much, much better. so we expect over time for some of the people using gold as a value to switch to bitcoin >> we had brian kelly on the other day, he basically suggested that the nervous mo
fact we're seeing less demand for chips is what you would expect to see >> in many countries where energy costs are higher, ie south korea, it becomes unprofitable or less profitable to mine the coins. >> exactly at a higher price you're willing to put more chips to work to mine a bitcoin at these prices it makes less sense to do that you always reference bitcoin to gold you note gold's market cap is $110 billion >> that's where bitcoin is today. >> 110 billion but gold...
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Aug 10, 2018
08/18
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look at energy bear market in energy as well. >> video rental, really bad. photo mats, tough. tough. record stores. >> even the companies that work -- in 1999, there was no company more dominant than microsoft. everybody could have said this is all in the favor. it didn't fail it was just priced too high and went ten years >> the multiple contradicted by 50%. >> right now the market is saying yes we have this faster moving world and technology is going to hasten the pace of everything it's decided it's kind of a winner take all type business. right? so you have five stocks worth a few trillion dollars people saying they're just going to capture a lot of that we'll see. >> it's always different >> i want to get your thoughts on industrials for a minute. it seems like last year a lot of the blue chip industrials, we saw huge moves to the upside in the stocks i'm just looking here at the dow. year to date now and i think a lot of this is on the trade and tariff worries and maybe earnings that weren't even better than the beats we've seen 3m and caterpillar down 12% and 13% year t
look at energy bear market in energy as well. >> video rental, really bad. photo mats, tough. tough. record stores. >> even the companies that work -- in 1999, there was no company more dominant than microsoft. everybody could have said this is all in the favor. it didn't fail it was just priced too high and went ten years >> the multiple contradicted by 50%. >> right now the market is saying yes we have this faster moving world and technology is going to hasten the pace...
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Mar 11, 2022
03/22
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is that we are energy independent. so the good news is we don't necessarily rely on imported oil, and that's an advantage in this environment europe is not. and i think that's a disadvantage in this environment. so i think those are things we need to pay attention to when we think about relative asset allocation i also think, joe, this volatility can actually represent opportunity. so our target for the s&p 500 by year end is 4,600. we looked like bears coming into the year we now look like bulls and i think what this means is there are opportunities to add onto sectors beaten down by these risks, for example semiconductors, software there are a lot of hi-tech companies that might be at levels that suggest great entry points i still like energy. i think energy still has up sides. i think there are lots of areas within the market you can sift through and do some security selection, but to your point i think volatility is likely to remain elevated until we do see a real more what's called satisfying resolution. >> really
is that we are energy independent. so the good news is we don't necessarily rely on imported oil, and that's an advantage in this environment europe is not. and i think that's a disadvantage in this environment. so i think those are things we need to pay attention to when we think about relative asset allocation i also think, joe, this volatility can actually represent opportunity. so our target for the s&p 500 by year end is 4,600. we looked like bears coming into the year we now look like...
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Oct 29, 2021
10/21
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we have you covered today on all things energy. first up we have a cnbc exclusive with exxon mobile ceo darin woods and then energy secretary jennifer granholm as we head to a break let's look at yesterday's s&p 500 winners and losers hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing customers our best deals on every iphone, including up to $800 off the epic iphone 13 and iphone 13 pro. this is the new world of work. each day looks different than the last. but, whatever work becomes, the world works with servicenow. >>> good morning and welcome back to "squawk box" live from the nasdaq nasdaq the operative term, market site in times square. check out the futur
we have you covered today on all things energy. first up we have a cnbc exclusive with exxon mobile ceo darin woods and then energy secretary jennifer granholm as we head to a break let's look at yesterday's s&p 500 winners and losers hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we...
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Nov 19, 2020
11/20
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and i mean maybe even things like energy or domestic small caps do you think that trend will continue >> i do think that there is a real opportunity there one is i'm just a person who believes in some sort of version to the mean. maybe we don't go all the back, but i do think that there are some opportunities i'm a big fan of some of the banks at the moment, as to a longer term play, but at the end of the day, they look really cheap relative so if you get in economic growth to continue and obviously with the vaccine, you can see the light at the end of the tunnel finally. didn't know when it would company before, but now we know that it is coming at least by next year. so i think that at least makes some opportunity and even some of the industrials, i think, you know, actually phrma and health care, there are cheap stocks there too. >> yeah, and by the way, cheap promo, but later on we have matthew harrison on, you will want to hear what he has to say, that is coming up later on in the show but back to this, we look at the banks, do you have to be a believer that interest rates will c
and i mean maybe even things like energy or domestic small caps do you think that trend will continue >> i do think that there is a real opportunity there one is i'm just a person who believes in some sort of version to the mean. maybe we don't go all the back, but i do think that there are some opportunities i'm a big fan of some of the banks at the moment, as to a longer term play, but at the end of the day, they look really cheap relative so if you get in economic growth to continue...
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Apr 12, 2022
04/22
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also energy a huge part of the story. goldman's head of commodity research jeff curry is going to be our special guest plus what, if anything, can or should washington be doing about rising consumer prices we're going to be asking that question to texas congressman kevin brady as the final hour of "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc live from the nasdaq market site in times square i'm joe kernen along with becky quick and andrew ross sorkin and what's happening inflation, consumer price index due out at 8:30 eastern. probably maybe we look forward at least in terms of interest more than even the jobs report at this point and a couple of these recent numbers we've seen, because if it is 8.4 that's as high as anything we've seen since 1981 wherefore casters are as far as year over year u.s. equity futures, though, have managed to at least stabilize and green slightly after the move down we saw yesterday and treasuries i guess you'd call it orderly running above be.8% >> i
also energy a huge part of the story. goldman's head of commodity research jeff curry is going to be our special guest plus what, if anything, can or should washington be doing about rising consumer prices we're going to be asking that question to texas congressman kevin brady as the final hour of "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc live from the nasdaq market site in times square i'm joe kernen along with becky...
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10.0
Mar 10, 2021
03/21
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eye 10
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sand energy. you see interest rates on the ten at 154 if you look at real weekly earnings, year over year for february, moved from 4.1 but at 5.7 sequentially lower year over year, on the hourly side, 3.4 which is a bit lower than 4.9, both have suffered a bit. listen we can summarize inflation in the following fashion, whether it's coming or isn't, the real issue is will be it reflected in rates i s doubtt jay powell and company have gone through what they've gone through to not reflect the tree profile. >> you're looking at the nasdaq chart, rick, you don't think that had anything to do with what happened at 8:30? >> joe, i haven't seen a live nasdaq chart in the last few minutes. i'm sorry, i'm sorry i was waiting for 8:30 to come on and talk to you >> maybe team are holding their breath after a couple of ppi -- it's not a huge move >> atlanta gdp now it's 8.35 they shouldn't hold their breath for long, okay if you believe the dynamics of the correction and nasdaq are real, they're only going t
sand energy. you see interest rates on the ten at 154 if you look at real weekly earnings, year over year for february, moved from 4.1 but at 5.7 sequentially lower year over year, on the hourly side, 3.4 which is a bit lower than 4.9, both have suffered a bit. listen we can summarize inflation in the following fashion, whether it's coming or isn't, the real issue is will be it reflected in rates i s doubtt jay powell and company have gone through what they've gone through to not reflect the...
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0.0
May 10, 2024
05/24
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energy's expensive and everything else. >> look at the investment in servers, datacenters, energy you know, as we move towards more electric "everything," nobody has yet explained how we're going to get that capacity. >> pay for that. >> pay for that capacity. >> how to pay for it. >> you know, ideal od logicallyt has to be this people who don't like new players and people say natural gas is not really -- >> we might have to continue to spend money on defense i have a feeling. >> you know, it is clear we're in a world dramatically different than we imagined 20 years ago, when we decided that, you know, we should cut defense spending and break down a lot of the production capacity of our defense industry. >> all right. you know -- >> you happy >> thanks to you no it all -- good points. very similar to what we heard over this week, but, thank you. >> you're welcome. >>> coming up on the other side, this is 2024 the year a.i. really begins to affect the workplace what do we know how many employees are already using it after the break, linkedin's chief economist with data what's actually
energy's expensive and everything else. >> look at the investment in servers, datacenters, energy you know, as we move towards more electric "everything," nobody has yet explained how we're going to get that capacity. >> pay for that. >> pay for that capacity. >> how to pay for it. >> you know, ideal od logicallyt has to be this people who don't like new players and people say natural gas is not really -- >> we might have to continue to spend money...
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0.0
Oct 21, 2022
10/22
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what if you were a global energy company? with operations in scotland, technologists in india, and customers all on different systems. you need to pull it together. so you call in ibm and red hat to create an open hybrid cloud platform. now data is available anywhere, securely. and your digital transformation is helping find new ways to unlock energy around the world. at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. ♪ icy hot pro. ♪ ice works fast... to freeze your pain and your doubt. ♪ heat makes it last. so you'll never sit this one out. icy hot pro with 2 max-strength pain relievers. michael is back. and he's more dangerous. so you'll never sit this one out. maybe the only way he can die... is if i die too. [ screaming ] >>> welcome back the futures this morning have worsen throughout the course of the morning, dow futures now down by about 218
what if you were a global energy company? with operations in scotland, technologists in india, and customers all on different systems. you need to pull it together. so you call in ibm and red hat to create an open hybrid cloud platform. now data is available anywhere, securely. and your digital transformation is helping find new ways to unlock energy around the world. at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the...
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Mar 25, 2021
03/21
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is it a good idea to put so much energy into a spot that's been a weak spot? jon fortt joins us with on the other hand >>> and corporate tax a focus for president biden and his team what will the number be? "squawk box" will be back after a quick break. a reminder you can watch us live quonhenbap t cc p. "sawk box" will be right back. if you're 55 and up, t- mobile has plans built just for you. switch today and get 2 lines of unlimited and 2 free smartphones. plus you'll now get netflix on us. all this for up to 50% off vs. verizon. it's all included. 2 lines of unlimited for only $70 bucks. and this rate is fixed. you'll pay exactly $70 bucks total. this month and every month. only at t-mobile. >>> fidelity investment preparing to launch its own bitcoin etf. fd funds a subsidiary filed with the sec to provide financial backing for the wise origin bitcoin trust which would track bitcoin performance. the company wouldn't comment more about the fund as it waits for sec approval last week the sec acknowledged a bitcoin etf proposal from van ek that's a longer ter
is it a good idea to put so much energy into a spot that's been a weak spot? jon fortt joins us with on the other hand >>> and corporate tax a focus for president biden and his team what will the number be? "squawk box" will be back after a quick break. a reminder you can watch us live quonhenbap t cc p. "sawk box" will be right back. if you're 55 and up, t- mobile has plans built just for you. switch today and get 2 lines of unlimited and 2 free smartphones. plus...
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Feb 21, 2018
02/18
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and energy to fuel its growth. real estate such as e-commerce warehouses. and private debt to finance transportation and infrastructure. building blocks of strategies to pursue consistent returns over time from over one hundred fifty billion dollars in real assets. partner with pgim. the global investment management businesses of prudential. who's the new guy? they call him the whisperer. the whisperer? why do they call him the whisperer? he talks to planes. he talks to planes. watch this. hey watson, what's avionics telling you? maintenance records and performance data suggest replacing capacitor c4. not bad. what's with the coffee maker? sorry. we are not on speaking terms. what's with the coffee maker? (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade
and energy to fuel its growth. real estate such as e-commerce warehouses. and private debt to finance transportation and infrastructure. building blocks of strategies to pursue consistent returns over time from over one hundred fifty billion dollars in real assets. partner with pgim. the global investment management businesses of prudential. who's the new guy? they call him the whisperer. the whisperer? why do they call him the whisperer? he talks to planes. he talks to planes. watch this. hey...
0
0.0
Oct 13, 2022
10/22
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we know it's about food and energy. this is definitely going to peak the heres of our central bankers, domestically and globally. it's going to make the drollar index hotter and may complicate derivatives. there are two things you can't control. discon would you say volatility when gilt prices and yields get crazy you can't make periodic adjustments and option volatility. no way to compensate for depth jumps. if your models are replicating the pattern of payout based on options volatility moves up or down in a dramatic way and little to do about it but take a hit. becky back to you. >> take a hit is what we're seeing in the markets. rick stay with us. running through the boards. after the number hotter than anticipated up 0.4% month over month core. exfood and energy cpi 0.6%. we immediately saw a massive shift in the futures markets. the dow futures now down by 300 points. up by about 300 points before nasdaq off by 276 and s&p down by 58 points. if you've been watching yields this is a story. tenure a push above 4% at
we know it's about food and energy. this is definitely going to peak the heres of our central bankers, domestically and globally. it's going to make the drollar index hotter and may complicate derivatives. there are two things you can't control. discon would you say volatility when gilt prices and yields get crazy you can't make periodic adjustments and option volatility. no way to compensate for depth jumps. if your models are replicating the pattern of payout based on options volatility moves...
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Aug 10, 2018
08/18
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crude to help diversify their energy sources so to give you some stats, last year china bought a fifth of u.s. crude exports, and this summer the purchases hit more than 500 million barrettes a day. the government here has very little incentive to put any more financial cost on to its imports. the revision did come after the company suspended new bookings until october. that was reportedly because of concerns about the impact of this possible t25% tariff on supplies the pattern has been that the chinese have not been wanting to put a tariff on anything that could fundamentally impact the overall economy. >> it's a big story. appreciate you bringing it to us eunice, thank you very much. >>> the escalating trade tensions between the united states and china could have an unintended consequence some damage to high-tech innovation, especially for start-up companies u.s. tariffs on chinese products and components are forcing many startups to rework their supply chains we're joined by aaron amy, cofounder and ceo of brilliant, a maker of smart devices that replace the light switch in your hom
crude to help diversify their energy sources so to give you some stats, last year china bought a fifth of u.s. crude exports, and this summer the purchases hit more than 500 million barrettes a day. the government here has very little incentive to put any more financial cost on to its imports. the revision did come after the company suspended new bookings until october. that was reportedly because of concerns about the impact of this possible t25% tariff on supplies the pattern has been that...
0
0.0
Feb 16, 2024
02/24
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cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know about rock stars? billy idol? i mean where's the skin-tight leather? my shoes are leather. where's the unnecessary zippers? that thing! billy, rock star is just how doug feels when he uses workday. thanks, rory. i'll show you rock star! be a finance and hr rock star. workday. for a changing world. billy idol just stole your golf cart! (grunting) at morgan stanley, old school hard work meets bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. >>> musician rod stewart has sold his song catalog to iconic artists group for nearly $100 million. the wall
cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know about rock stars? billy idol? i mean where's the skin-tight leather? my shoes are leather. where's the unnecessary zippers? that thing! billy, rock star is just how doug feels when he uses workday. thanks, rory. i'll show you...
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0.0
Dec 15, 2022
12/22
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our inflation is stickier than yours. >> because of energy >> because of energy >> and because of the nexus of the bad policy decisions in the continent? >> well, you might say >> i did >> i think the point -- the point here is that we're not getting some significant wage inflation. it's understandable, we've got a lot of people struggling with high inflation and cost of living but the problem with that, you send up moving from supply side inflation to structural inflation. so, i think it's going to stay with us longer it's going to stay a little higher >> for how long? >> how long is a piece of string >> that's a long time. could be a very long piece of string >> i think it will be 18 month, as we start seeing significant reductions from a mathematical point of view, when you start ratcheteting down on energy costs, that makes a significant difference 24 going to be at 4 or 5% inflation. >> how do you look at uk versus the rest at the moment >> i think we've reached an interesting inflexion point, the announces with the exchequer they mark what the lobby services has been doing for t
our inflation is stickier than yours. >> because of energy >> because of energy >> and because of the nexus of the bad policy decisions in the continent? >> well, you might say >> i did >> i think the point -- the point here is that we're not getting some significant wage inflation. it's understandable, we've got a lot of people struggling with high inflation and cost of living but the problem with that, you send up moving from supply side inflation to...
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Aug 9, 2018
08/18
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cheniere energy is lng, the biggest publicly traded exporter of lng on a stand-alone basis. watch that stock >>> landon dowdy has the other big stories. >> adidas shares are soaring after it reported strong earnings sales were boosted by increases in north america and china adidas is backing its 2018 guidance and the ceo says the company remains on track to meet its long-term targets until 2020 >>> also watch yelp. its latest earnings boat forecast thanks to a 21% rise in ad revenue they are raising their profit outlook for the year >> and roku swung to a slight profit in the second quarter as revenue rose 57% roku added 22 million active accounts, and viewers spent more time watching content. back over to you >> thank you very much >>> we are just getting started on a thursday. up next, two of the biggest oil producers locked in a fight. what the rift between canada and saudi arabia means for you and the market >>> and later on, uber's big blow to the big apple. new york city cracking down on ride hail iing activities more "worldwide exchange" rolls on my digestive system u
cheniere energy is lng, the biggest publicly traded exporter of lng on a stand-alone basis. watch that stock >>> landon dowdy has the other big stories. >> adidas shares are soaring after it reported strong earnings sales were boosted by increases in north america and china adidas is backing its 2018 guidance and the ceo says the company remains on track to meet its long-term targets until 2020 >>> also watch yelp. its latest earnings boat forecast thanks to a 21% rise...
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Dec 14, 2021
12/21
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you just remove food and energy it's up 0.7. food and energy, 0.7, food, energy and trade up 0.7. the year over year numbers, up 9.6% on head line producer price index. that is a new record and if we look at ex-food and energy, year over year, and these go up, because he recalculate a little differently, so that's the most recent if you we look at year over year, food, energy, trade, up 6% so, all of the numbers are hotter than expected and of course, we should expect this to happen we so transitory has been retired. we know the consumer price index we had last week was hot as well but yet, we continue to see the long duration, the long maturities, 10s, 20s, 30s, on the treasury side. the rates aren't as responsive as we think. they're negative on negative territory. we see the yield curve remaining flat and the maturities very responsive this week because we have the fed meeting most likely, the rates will rise quicker and that's why the curve has been acting the way it has joe, back to you >> 39 years, rick, i did some math -- is that like 1982. so, we're coming down. we are com
you just remove food and energy it's up 0.7. food and energy, 0.7, food, energy and trade up 0.7. the year over year numbers, up 9.6% on head line producer price index. that is a new record and if we look at ex-food and energy, year over year, and these go up, because he recalculate a little differently, so that's the most recent if you we look at year over year, food, energy, trade, up 6% so, all of the numbers are hotter than expected and of course, we should expect this to happen we so...
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Jun 4, 2018
06/18
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this is america's energy era. nextera energy. >>> a ferrari becoming the most expensive car ever sold. robert frank gives us the details. it wasn't even a new one >> i know you like the new cars, not the old cars but these old ones are getting more expensive by the day. a 1963 ferrari broke the record for the most expen ever so sources telling me this ferrari sold last month in a private deal for $70 million >> what? >> now, the seller was a german collector. the buyer, this is the interesting part david mcneil he's the founder of weather tech, the maker of car floor mats ferrari's gto model is considered its holy grail of the brand. ferrari only made 36 of these cars those owners are members of the most elite car club in the car world. it includes ralph lauren, walmart heir rob walton. previously the most expensive was for $52 million. another gto holds the record for the most expensive car sold at auction. it's that car. it fetched $38 million in 2014 now, this particular gto won the tour de france unlike a lot
this is america's energy era. nextera energy. >>> a ferrari becoming the most expensive car ever sold. robert frank gives us the details. it wasn't even a new one >> i know you like the new cars, not the old cars but these old ones are getting more expensive by the day. a 1963 ferrari broke the record for the most expen ever so sources telling me this ferrari sold last month in a private deal for $70 million >> what? >> now, the seller was a german collector. the...
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Feb 9, 2021
02/21
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emerson's breakthrough technology enables the power industry to integrate renewable energy sources to modernize and improve the electric grid. emerson. consider it solved. ♪ when i say i love you you say you better ♪ >> good morning, welcome back. welcome back to "squawk box. u.s. equity futures are indicated down about 68 points on the dow we're looking at the nasdaq down 25 the s&p down 7 as well would you like to welcome the viewers back as well, becky? >> welcome back. >> thank you i mean, it's nice to do that, i think. and we know, even though they don't leave during the commercial, it's still okay to welcome them back. >> we do >> yeah, we do >> we didn't go anywhere either. >> right >> all right after nearly one year of the coronavirus pandemic, many adults report delaying medical care for routine or serious non-covid issues joining us on the need to try and encourage regular medical care and communication is gave loveman, the ceo of the health start up well. gary was the long time ceo of caesar's entertainment and he knows a lot about people's behaviors and the incentives
emerson's breakthrough technology enables the power industry to integrate renewable energy sources to modernize and improve the electric grid. emerson. consider it solved. ♪ when i say i love you you say you better ♪ >> good morning, welcome back. welcome back to "squawk box. u.s. equity futures are indicated down about 68 points on the dow we're looking at the nasdaq down 25 the s&p down 7 as well would you like to welcome the viewers back as well, becky? >> welcome...
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Apr 1, 2022
04/22
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our profits are probably 70, 80% -- >> the all in notion of supplying energy and energy independence, does it still include coal, and can you include coal does it need to be clean coal? is it still part of the equation because we've heard politicians running for president say i'm going to put the coal industry out of business completely so that's the backdrop you're dealing with right now, isn't it >> that's great. and back in the '70s the nation turned to coal this time with the energy crisis you heard a lot about increasing oil and gas production you've heard about policies trying to ship natural gas or lng in europe. you don't hear anybody in the federal policy arena talk about coal, and that's a major mistake because coal is the one reliable resilient power source we have in this country, and we need to continue to depend on coal >> talk about the composition of the coal you do produce. how much of it is we do think of as clean coal? and would it make more sense to replace the coal being used now with natural gas or are we going to be using coal for years into the future >> specif
our profits are probably 70, 80% -- >> the all in notion of supplying energy and energy independence, does it still include coal, and can you include coal does it need to be clean coal? is it still part of the equation because we've heard politicians running for president say i'm going to put the coal industry out of business completely so that's the backdrop you're dealing with right now, isn't it >> that's great. and back in the '70s the nation turned to coal this time with the...
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May 16, 2017
05/17
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kelsey mcneely and some day you might be calling me an energy farmer. ♪ energy lives here. >>> welcome back to "squawk box." futures right now, dow looking at about 35 points at the open, s&p 500 looking like it can hold onto the 2400 level up by about two points. >>> delta airlines will begin testing facial recognition technology this summer. the test is to start at a newly installed self-service baggage drop station at the minneapolis-st. paul international airport. the airline says the 600,000 dollar initiative will make the first airline to try biometric based self-service bag drop in the u.s. >>> well, imagine you could make sure your private jet would land safely if it ran into some problems midflight. it's become a reality. and a major selling point for cirrus aircraft. phil lebeau joins us now with more. >> joe, this is an interesting story because cirrus, which has been making planes for a number of years out of duluth, minnesota, and now has its first personal jet, we had a chance yesterday outside of new york to see what this jet is all about. you might be saying, well, pers
kelsey mcneely and some day you might be calling me an energy farmer. ♪ energy lives here. >>> welcome back to "squawk box." futures right now, dow looking at about 35 points at the open, s&p 500 looking like it can hold onto the 2400 level up by about two points. >>> delta airlines will begin testing facial recognition technology this summer. the test is to start at a newly installed self-service baggage drop station at the minneapolis-st. paul international...
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Dec 24, 2009
12/09
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lowers my energy bill. shares pictures. we collaborate on our cloud. i develop software in my cloud. i want a cloud that understands risk. ...compares patient histories... ...predicts traffic patterns. my cloud is... everywhere. my cloud is secure. simple. powerful. flexible. that's what we're working on. i'm an ibmer. let's build a smarter planet.
lowers my energy bill. shares pictures. we collaborate on our cloud. i develop software in my cloud. i want a cloud that understands risk. ...compares patient histories... ...predicts traffic patterns. my cloud is... everywhere. my cloud is secure. simple. powerful. flexible. that's what we're working on. i'm an ibmer. let's build a smarter planet.
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Nov 16, 2018
11/18
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movement on the ten-year treasury note yield, 3.12% 2.78 for the two-year treasury note yield in the energy market crude prices -- we've been talking about this idea of the downtrend in place, another green spec out there. wti at 57.28 ice brent futures, $67.68. turning now overseas, on the asia side of things, overnight we saw a move to the knee kaunia half percent to the down side. the shanghai composite up about a half percent in europe, broadly speaking a genuinely positive tone there. the dax up by a half percent the cac by a quarter percent the ftse 100 up by 0.1%. sticking with europe, the british pound stabilizing this morning following yesterday's massive drop uk prime minister theresa may says she plans to appoint a new brexit minister within the coming days. all of this comes as political pressure mounts on theresa may and her brexit deal. let's get to willem marx in london with the latest willem, we got stuff going on here what is happening with the latest developments? >> all right so on wednesday we had a bruising five-hour cabinet meeting, yesterday the prime minister took th
movement on the ten-year treasury note yield, 3.12% 2.78 for the two-year treasury note yield in the energy market crude prices -- we've been talking about this idea of the downtrend in place, another green spec out there. wti at 57.28 ice brent futures, $67.68. turning now overseas, on the asia side of things, overnight we saw a move to the knee kaunia half percent to the down side. the shanghai composite up about a half percent in europe, broadly speaking a genuinely positive tone there. the...
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Feb 28, 2024
02/24
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or another company focused on geothermal energy, which is more of the renewable energies by. she's trying to make it more successful. or upwards, a childcare company. it would have such broad him plications across the whole u.s. economy. >> all right. julia, i look forward to taking a look. julia boorstin, the change can makers list. >>> coming up, a chinese country that has a problem with builds. that's coming up next. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know about rock stars? billy idol? i mean where's the skin-tight leather? my shoes are leather. where's the unnecessary zippers? that thing! billy, rock star is just how doug feels when he uses workday. thanks, rory. i'll show you rock star! be a finance and hr rock star. workday. for a changing world. billy idol just stole your golf cart! the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future. a future where you grew a dream into a reality. it's waiting for you. mer
or another company focused on geothermal energy, which is more of the renewable energies by. she's trying to make it more successful. or upwards, a childcare company. it would have such broad him plications across the whole u.s. economy. >> all right. julia, i look forward to taking a look. julia boorstin, the change can makers list. >>> coming up, a chinese country that has a problem with builds. that's coming up next. you know doug, ever since switching to workday you've been a...
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Nov 22, 2022
11/22
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♪♪ aes has been leading energy transitions for decades... and is partnering with the worlds leading companies to decarbonize industries... cities, and nations. even the internet. is it possible? can we reliably power the things we love and green the planet at the same time? yes... aes. >>> welcome back to "squawk box. it's time for the "executive edge." zoom shares are under pressure company posted better than expected results, but weak outlook for the current quarter. zoom cfo joins us live at 8:50 a.m. to talk about it. >>> dell shares jumped following better than expected earnings. the outlook on the conference call that spooked investors. >>> urban outfitters posted better than expected sales. the company's ceo says the retailer was encouraged by quarter to date sales as it heads into black friday. then the cyber monday weekend. andrew >>> okay coming up, we talk about this. global investors and businesse getting worried about more covid lockdowns happening in china we have a live report from beijing next >>> look at the s&p 500 winners
♪♪ aes has been leading energy transitions for decades... and is partnering with the worlds leading companies to decarbonize industries... cities, and nations. even the internet. is it possible? can we reliably power the things we love and green the planet at the same time? yes... aes. >>> welcome back to "squawk box. it's time for the "executive edge." zoom shares are under pressure company posted better than expected results, but weak outlook for the current...
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Sep 29, 2023
09/23
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that does not include energy. energy prices have gotten a lot higher but energy prices eventually bleed through to a lot of other areas that would show up in the core, right? >> i couldn't agree more. it exciting to see we dropped below 4% but it still on the high side. most persons doesn't agree at looking at things from a core perspective because at their core, food and energy prices being very high. and even if these numbers moderate, it doesn't mean we're going back to what prices were pre-covid. >> right now steve liesman joins us. what really jumps out at you? >> i want to go back to the question you asked rick. i was talking to one of those m millennial types the other day. and they were saying the numbers aren't good because they don't report energy. that's not right. one number includes energy and food, one is a core number that takes it out. you can look at whatever you want. i think you know this, becky, apparently not everybody does. i want to make sure people understand that. >> my big ger point is ev
that does not include energy. energy prices have gotten a lot higher but energy prices eventually bleed through to a lot of other areas that would show up in the core, right? >> i couldn't agree more. it exciting to see we dropped below 4% but it still on the high side. most persons doesn't agree at looking at things from a core perspective because at their core, food and energy prices being very high. and even if these numbers moderate, it doesn't mean we're going back to what prices...
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Dec 20, 2023
12/23
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talk about the impact of shippers, energy mkets. global economy and so much more. the final hour of "squawk box" begins right now. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. and andrew ross sorkin. chicken wing today it was hot. real -- spicy. >> staying there tomorrow? like the wings? >> hanging here tomorrow. although, i don't think tomorrow's a chicken wings day, but i'm open to whatever it is. kind of nice having actual food at a place where you work. u.s. equities futures this hour you can see are down after what we just heard. nine straight winning session. we'll see by end of the day what happens. treasury yields, which have been something to behold over the past six weeks or so. you can see the ten year now 388. today's big number -- 9. what do we mean by that? we said in the intro to this hour, the dow and nasdaq currently on nine-day winning streaks. the dow, since 1990, the index has only had streaks this long nine other times. only once has one come end of the year as is happening currently. ov
talk about the impact of shippers, energy mkets. global economy and so much more. the final hour of "squawk box" begins right now. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. and andrew ross sorkin. chicken wing today it was hot. real -- spicy. >> staying there tomorrow? like the wings? >> hanging here tomorrow. although, i don't think tomorrow's a chicken wings day, but i'm open to whatever it...
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May 3, 2022
05/22
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that is the best way to get energy affordable and secure and make the energy system of the future cleaner >> if he called you up on the phone and said look, we need to put an input here on what the price is going to be of gas that at the pump, over the next 12 months, you'd be telling him what, it's going to be at $103 to buy a barrel of wti crude $170 what's the house, house estimate inside bp right now? >> i think we both know that trying to protect the price of oil is a very difficult thing to do what i can do is describe to you how we see it today and what we see today is a world where there's a million barrels a day of russian crude off the system which may double this month when the sanctions really come into effect you siee relatively low spare capacity globally and a number of uncertainties what's going to happen to global economy, what's going to happen in iran, in libya, with the zero covid policy in china. these uncertainties. so what i can el it yotell you i expect volatility to continue in the months ahead and all things point to prices being strong as they currently are in t
that is the best way to get energy affordable and secure and make the energy system of the future cleaner >> if he called you up on the phone and said look, we need to put an input here on what the price is going to be of gas that at the pump, over the next 12 months, you'd be telling him what, it's going to be at $103 to buy a barrel of wti crude $170 what's the house, house estimate inside bp right now? >> i think we both know that trying to protect the price of oil is a very...
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Dec 11, 2018
12/18
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energy will be good. >> energy is at 25%. >> yeah. >> if oil prices stay just more or less where they are, it will be hard to see you getting 25% growth you look across the market, i do think we'll get some positive sales growth margins are at an all-time high. we know wages are starting to rise more rapidly. we know economic growth is slowing a bit around the world not predicting disaster, but i don't think you'll get a lot of earnings froth, and you're unlikely to get a lot of return. >> andrew had paul tutdor jones on yesterday he said it stocks went down another 10% from here, it would be a screaming buy would you agree with that? >> i think down another 10% we would be more likely to get back up to a neutral and overweight position one way to think about it is let's say the expected return for stocks is 5% just 2.5% over the risk-free rate is that high enough to bear the risk of the stock market how do you get the expected return up? prices go down a bit so the return goes higher or time goes by an earnings catch up. i don't think we're quite there yet. i suspect we'll have a rou
energy will be good. >> energy is at 25%. >> yeah. >> if oil prices stay just more or less where they are, it will be hard to see you getting 25% growth you look across the market, i do think we'll get some positive sales growth margins are at an all-time high. we know wages are starting to rise more rapidly. we know economic growth is slowing a bit around the world not predicting disaster, but i don't think you'll get a lot of earnings froth, and you're unlikely to get a lot...
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May 4, 2022
05/22
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it includes extensions for slovakia and hungary which are highly dependent on russian energy, giving them a longer period for a phaseout if you will joe? >> it's still like we're in this place where they're just going to argue back and forth and ratchet things back up they can do than it may stop it to a certain degree, but the natural gas is what they're so dependent on by doing this, you wonder if they're going to say, okay, we'll cut you off at natural gas too. >> the wind stopped blowing in germany? you need natural gas, there's no doubt. >>> i hesitate to segue in to steve with that. it's not related at all. it's fed day i'm sorry, steve it's steve liesman did you sleep last night sunny guess you don't sleep all week with a week like this. >> >> no, joe. i haven't slept. i wrote a song, if there's any time left to borrow, i'll sleep tomorrow. >> that sounds like a dead cover. >> i can get you the lyrics, joe. it's part of my fourth e.p. album, my vanity album. >> is that true? >> i actually did some recording, yes, on original stuff. >> yay he's got an e.p. >> it's not finished
it includes extensions for slovakia and hungary which are highly dependent on russian energy, giving them a longer period for a phaseout if you will joe? >> it's still like we're in this place where they're just going to argue back and forth and ratchet things back up they can do than it may stop it to a certain degree, but the natural gas is what they're so dependent on by doing this, you wonder if they're going to say, okay, we'll cut you off at natural gas too. >> the wind...
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Aug 16, 2017
08/17
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>> well, it's a technology that feeds our agenda to become 100% clean, renewable energy. we power 182 data centers in 44 of the biggest markets in the world in 22, 23 countries and we've made a commitment to our customers and the market to be 100% clean renewable and this technology is a big step in that direction to help us we're 56% to 60% down the journey today. and this is a big investment a big step >> how does it work? >> so, this is our great example of the land and expanse strategy that tom and i believe in when we formed the partnership. saying as businesses go from analog to digital -- will come along and the customer is going to need something different from what they've been getting so far, collectively we can offer that differentiation and serve the customer better. what happens here is, as you know in the digital world, customers demand the very high bar of reliability the lifeblood of the data center there's electricity going into it and it's clean, not just from -- but from a quality point of view and it is one of the leading costs for a data center. if we
>> well, it's a technology that feeds our agenda to become 100% clean, renewable energy. we power 182 data centers in 44 of the biggest markets in the world in 22, 23 countries and we've made a commitment to our customers and the market to be 100% clean renewable and this technology is a big step in that direction to help us we're 56% to 60% down the journey today. and this is a big investment a big step >> how does it work? >> so, this is our great example of the land and...
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Sep 10, 2020
09/20
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food, energy and trade were up .3. now for the long view, let's go year over year year over year x food and energy is up .6 year over year ppi normalized, is down .2 we were expecting a down number there. if we look at, let's see, year over year x food and energy and trade, it's up .3, a little hotter than expected let's go back to the revisions initial jobless claims, 881,000 was ramped up to exactly where the new number is, 884,000, which means this week is unchanged and as far as continuing claims last week, a very subtle adjustment from 13,254,000 the semis, we can say claims were a bit of a miss on the continuing side or close to it on initial pretty much near producer prices year over year, pretty hard to take the long shot right now considering all the questions as to demand pressure, supply pressure, supply chains, how that's all going to play out we continue to monitor interest rates and we have the last of 108 billion in supply today with 23 billion 30-year bonds joe, becky >> i complained. just let me ask yo
food, energy and trade were up .3. now for the long view, let's go year over year year over year x food and energy is up .6 year over year ppi normalized, is down .2 we were expecting a down number there. if we look at, let's see, year over year x food and energy and trade, it's up .3, a little hotter than expected let's go back to the revisions initial jobless claims, 881,000 was ramped up to exactly where the new number is, 884,000, which means this week is unchanged and as far as continuing...
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Jun 14, 2017
06/17
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we will get an official read from the energy department later this morning >> let's look at markets in asia specifically in china. the factory output growing 6.5% in may from a year earlier slightly better than expected retail sales topping forecasts at 10.7%, but fixed asset investment did come in lower than expectations. we saw a 0.7% decline in the shanghai news around anbang insurance we saw a lot of companies it was invested in move lower that is on news that a flshgsbaflshg anbang' chairman said he is unable to perform his duties, reportedly because he was detained. that has had a significant impact on companies doing business with anbang >> eurozone april industrial output up a half percent month over month in the last 15 minutes or so we had uk unemployment data, remains at a record low, 4.6%. the attention on the wage growth number at 2.1% it slowed and was below expectations following yesterday's cpi data, it represents a fall in wages of 0.4% that weaker pound taking an effect on workers wages in the uk either way, decent day in europe we're up about half of a percent or so
we will get an official read from the energy department later this morning >> let's look at markets in asia specifically in china. the factory output growing 6.5% in may from a year earlier slightly better than expected retail sales topping forecasts at 10.7%, but fixed asset investment did come in lower than expectations. we saw a 0.7% decline in the shanghai news around anbang insurance we saw a lot of companies it was invested in move lower that is on news that a flshgsbaflshg anbang'...
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May 7, 2020
05/20
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that's creating challenges for the energy sector. joining us, john kilduff, founding partner of again capital. the move in crude has been pretty unbelievable. down obviously but to rebound when we're seeing another 10% added on today the stock market is up on some type of nebulous hope that we can't really see the future so something good might happen a while from now is oil rebounding based on hope for reopening things or on actual dye ma'am nicks that ynae on sentiment and hope? >> no, joe, i think there's an element of sentiment and heap to a degree, but there has been a fierce reaction by u.s. oil and explorati exploration companies to crater u.s. output. it's still very high but it's working its way down rapidly the u.s. recount has fallen by upwards of 2/3 in less than a year's time at this point. we've seen u.s. production fall by over 1 million barrels a day in just several weeks'time fro that record high in march. we're down over 1 million barrels as of yesterday or this week's report, joe so it's real the other thing, too,
that's creating challenges for the energy sector. joining us, john kilduff, founding partner of again capital. the move in crude has been pretty unbelievable. down obviously but to rebound when we're seeing another 10% added on today the stock market is up on some type of nebulous hope that we can't really see the future so something good might happen a while from now is oil rebounding based on hope for reopening things or on actual dye ma'am nicks that ynae on sentiment and hope? >> no,...
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Apr 11, 2022
04/22
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meanwhile energy stocks show up. it's very profitable it's the source, energy is, of almost all the upward earnings revisions on the net basis if you take energy out, earnings are considered to be a little bit slightly down relative to what we thought they were going to be at the start of the year we'll see where that plays out as people start reporting. >> are you with mike wilson and morgan stanley where you think a correction is coming given the kind of numbers you're seeing at this point >> of course, mike wilson has for months been saying it's going to be a cyclical bear market and it's been unfolding in waves i think that's still the open prospect i don't know that you have to make that call right now the market has not disproven that idea. he's talking something similar to the late 2018-type episode where the market went down 10%, you stabilized, and you had that move down. we haven't gotten that extra flush lower. the big question is we've been going down in terms of growth stocks for over a year now a lot of
meanwhile energy stocks show up. it's very profitable it's the source, energy is, of almost all the upward earnings revisions on the net basis if you take energy out, earnings are considered to be a little bit slightly down relative to what we thought they were going to be at the start of the year we'll see where that plays out as people start reporting. >> are you with mike wilson and morgan stanley where you think a correction is coming given the kind of numbers you're seeing at this...
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May 13, 2020
05/20
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strip out food and energy it's down .3. we look at ex-food, energy and trade it's down .9 let's look at final demand a headline year-over-year number is down 1.2 versus the month over month which is down 1.3 and if you strip out year-over-year food and energy it's up .. 6, -- -- up .6. why? because you're going all the way back looking a year back and if you include trade on the ex-food energy and trade it's down .3. nothing really shocking with these data points of coerce cpi is a little bit more relevant to traders close own the pipeline to the ultimate end user, but this is still very important data especially for the federal reserve. don't think they need to worry about inflation any time soon. jay powell coming up at the top of the hour and everybody wants to know how he'll deal with negative rates will he say it emphatically. will he say it behind closed doors? these are very important things we want to hear. andrew, back to you. >>> great. thanks, rick appreciate it. we'll get over to steve liesman who joins us with
strip out food and energy it's down .3. we look at ex-food, energy and trade it's down .9 let's look at final demand a headline year-over-year number is down 1.2 versus the month over month which is down 1.3 and if you strip out year-over-year food and energy it's up .. 6, -- -- up .6. why? because you're going all the way back looking a year back and if you include trade on the ex-food energy and trade it's down .3. nothing really shocking with these data points of coerce cpi is a little bit...
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Jan 6, 2021
01/21
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the energy transition. that's very significant and i think investors are recognizing that and in that energy transition what that means is we're shifting away from coal to power the grid and to more natural gas and renewables, solar and wind there are some emerging technologies coming in the energy sector in the case of carbon capture, hydrogen development. those are even more in the future all of this basically will result in lower carbon emissions. so the big mantra for the energy sector is how do you generate more energy and less carbon emission and so we're in the process of that transition. we like stocks that are participating in that transition and we think that's a significant opportunity for the entire energy sector. >> hybrid carbons will still be part of it, natural gas, oil, jet fuel oil, things like that rob, we'll keep an eye on things hasn't been since february that we've been up here remember that spike when we went to negative prices for oil never forget that, in march or april, whenever it
the energy transition. that's very significant and i think investors are recognizing that and in that energy transition what that means is we're shifting away from coal to power the grid and to more natural gas and renewables, solar and wind there are some emerging technologies coming in the energy sector in the case of carbon capture, hydrogen development. those are even more in the future all of this basically will result in lower carbon emissions. so the big mantra for the energy sector is...
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Mar 30, 2023
03/23
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nobody makes energy cleaner in the world than joe biden and yet joe biden threw attacks on american energy for two years, has made it harder to make energy in america but made us dependent on countries that don't have the good energy we have why should we be begging putin for oil that's nowhere near as clean as ours. we need to be making more oil and natural gas, moving it around through pipelines, bringing more critical minerals. he talks about evs over 70% of the electric vehicle batteries are made in china because president biden won't let us mine those elements in america. >> if you had a republican in the white house and maybe the senate could get there eventually, but right now they're already promising a veto and there's things in here you just know are not going to fly with democrats you're going to repeal parts of the big climate law that was recently passed. they got a 50-year-old national environmental policy act that's sacrosanct to many environmentalists. even leases, it's just going to get vetoed but the permitting stuff, it's been said that could be a bargaining chip that ma
nobody makes energy cleaner in the world than joe biden and yet joe biden threw attacks on american energy for two years, has made it harder to make energy in america but made us dependent on countries that don't have the good energy we have why should we be begging putin for oil that's nowhere near as clean as ours. we need to be making more oil and natural gas, moving it around through pipelines, bringing more critical minerals. he talks about evs over 70% of the electric vehicle batteries...
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Dec 18, 2023
12/23
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energy deliver. you know what's interesting these days? bitcoin. look for bitwise, my friends. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab. >>> time for the next big interview we have in the morning. let's get to steve liesman who joins us with a special guest. who happened also to be known as mr. president, steve. >> yes, joe. we're going to have to talk about the title situation in just a few minutes. but joining us right now is chicago fed mr. president austan goolsbee. thank you for joining us this morning. >> thanks, steve. it's only joe who has to call me mr. president. >> we'll get to that. i'll call you austan for the m
energy deliver. you know what's interesting these days? bitcoin. look for bitwise, my friends. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade...
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Apr 2, 2020
04/20
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energy spider etf. hopes for a saudi russia oil truce. still down 50% so far this year. top three holdings exxon, chevron and conocophilips. trump does say that he thinks russia and saudi arabia would soon make a deal to end the price war. still to come robert kaplan weighing in. crude oil prices now up about 9% at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. >>> welcome back joe kernen is back having just spoken to the president. >> good morning. out of the blue call i speak to the president occasionally received a call to him said he spoke to vladimir putin said and mbs today, and he expects them to announce a cut of up to -- of 10 million barrels, perhaps 15
energy spider etf. hopes for a saudi russia oil truce. still down 50% so far this year. top three holdings exxon, chevron and conocophilips. trump does say that he thinks russia and saudi arabia would soon make a deal to end the price war. still to come robert kaplan weighing in. crude oil prices now up about 9% at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad...
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Nov 2, 2022
11/22
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energy with foreign energy raises global warming which i don't think the administration is interested in. u.s. new jersey is a lot cleaner than the energy we get from abroad i don't know who is running the energy policy in the white house, but it's malpractice kind of material. >> congresswoman, it's a little bit odd to hear -- i agree we should increase production as well one of the reasons there's been dividend increases and you can argue about whether share buy backs return money to shareholders, but the individuals that took it upon themselves to invest long term in the fossil fuel industry, they've had a real tough ten years politically and culturally and everything else. so they're almost forced into a position to cut back on long-term plans for production because the biden administration and president biden himself said he's going to end the fossil fuel industry. so it would have been crazy for your shareholders to just go ahead and keep producing that's why they return it in the form of dividends and share buybacks now there's a war, and the president -- instead of saying, i w
energy with foreign energy raises global warming which i don't think the administration is interested in. u.s. new jersey is a lot cleaner than the energy we get from abroad i don't know who is running the energy policy in the white house, but it's malpractice kind of material. >> congresswoman, it's a little bit odd to hear -- i agree we should increase production as well one of the reasons there's been dividend increases and you can argue about whether share buy backs return money to...
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Sep 14, 2021
09/21
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our planet offers countless sources of energy. but it's only human to find the ones that could power a better future. growing up in a little red house, on the edge of a forest but in norway,human there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. [slow electronic notes fade in] [fast upbeat music begins] [music stops] and release. [deep exhale] [fast upbeat music resumes] [music stops] >>> welcome back to "squawk box. this morning, california governor gavin newsom will try to survive a recall vote today recent polls suggesting new some will beat the 46 people challenging him. nothing is a given until voting closes our next guest says california has a problem. he left the golden state for texas. he won't be voting a state he believes supports its businesses more. going to get right into that right now. joe l
our planet offers countless sources of energy. but it's only human to find the ones that could power a better future. growing up in a little red house, on the edge of a forest but in norway,human there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. [slow electronic notes...
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Jan 26, 2018
01/18
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citi saw the promise of clean energy. we're polluting the air less. businesses and homes can rely on a steady source of power. this will be the first of many off-shore wind farms in the u.s. ♪for standing in your heart is where i want to be and long to be ah, but i may as well try and catch the wind♪ your friend @just_marea. you like her. she's really good at social media. she buys stocks in companies that "stand for something." you like her. she's always up on the latest trends. she got in early on the whole goat yoga thing. and her sunsets are always #nofilter. you like her. but you'd like her better if you made more money than she does. don't get mad at @just_marea. get eátrade. ♪ all the single ladies all the single ladies ♪ ♪ put your hands up >> there are a lot of stereotypes when it comes to millenials and money, including that they overspend and don't save according to new bank of america survey, millenials may be better at managing money than thought sharon epperson is here with those. i can't wait to hear these details. >> you may
citi saw the promise of clean energy. we're polluting the air less. businesses and homes can rely on a steady source of power. this will be the first of many off-shore wind farms in the u.s. ♪for standing in your heart is where i want to be and long to be ah, but i may as well try and catch the wind♪ your friend @just_marea. you like her. she's really good at social media. she buys stocks in companies that "stand for something." you like her. she's always up on the latest trends....
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May 21, 2021
05/21
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we believe the future of energy is lower carbon. and to get there, the world needs to reduce global emissions. at chevron, we're taking action. tying our executives' pay to lowering the carbon emissions intensity of our operations. it's tempting to see how far we've come. but it's only human... to know how far we have to go. (♪ ♪) whether it's a butechnology first,... (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture competition beat us again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. cal: our confident forever plan is possible with a cfp
we believe the future of energy is lower carbon. and to get there, the world needs to reduce global emissions. at chevron, we're taking action. tying our executives' pay to lowering the carbon emissions intensity of our operations. it's tempting to see how far we've come. but it's only human... to know how far we have to go. (♪ ♪) whether it's a butechnology first,... (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve...
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Mar 15, 2018
03/18
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dow futures are up triple digits right now we have breaking news, oil and energy and paris-based iea out with their monthly oil number jackie deangelis has more details. >> what's key about this report, the headline, is the deman number the iea is revising up the demand forecast by 1.5 millionry demand right now is expected to absorb some excess supply and help with the rebalance we've been waiting for for a long time two other key headlines that i want to highlight. they talked about global i'll supply in february easing a bit. and they highlighted the fact that opec reported yesterday it's monthly numbers for february production did go down slightly as well right now in terms of the supply/demand rebalance, though there are a lot of other factors impacting crude oil prices, the supply/demand rebalance shows us prices should stay around $60. >> let's bring in halene croft jackie said demand is supposed to go up but global supply may come down. you don't have to be a chief economist to know -- >> that's a bullish report >> that might spell higher prices >> the demand number everyone
dow futures are up triple digits right now we have breaking news, oil and energy and paris-based iea out with their monthly oil number jackie deangelis has more details. >> what's key about this report, the headline, is the deman number the iea is revising up the demand forecast by 1.5 millionry demand right now is expected to absorb some excess supply and help with the rebalance we've been waiting for for a long time two other key headlines that i want to highlight. they talked about...
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Feb 7, 2024
02/24
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cirkul, available at walmart and drinkcirkul.com. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. >>> good morning investors parsing earnings at the midpoint of the reporting season that coupled with fed speak have the futures little changed ahead of the open this morning. >>> we do have some news to focus on, though snap pulling back more than 30% at its ad business struggling to keep up with meta. we'll break down what it means for the company and other social media stocks. >>> plus, uber delivering quarterly results. we will speak to ceo dara khosrowshahi, the second hour of "squawk box" begins right now. >>> good morning and welcome back to "squawk box" here on cnbc live from the nasdaq market site in times square i'm joe kernen with becky quick and andrew ross sorkin here are the futures you have to be somewhat impressed with the beach ball tendency of the futures. looks like the fed definitely not g
cirkul, available at walmart and drinkcirkul.com. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. >>> good morning investors parsing earnings at the midpoint of the reporting season that coupled with fed speak have the futures little changed ahead of the open this morning. >>> we do have some news...
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May 8, 2018
05/18
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energy has had a difficult time because for a long time energy equities didn't respond to what oil prices have been doing more recently that relationship has been reignited what did you see here? >> we think the energy sector is in a sweet spot. even if it causes volatility and downside, would use that as a buying opportunity bigger picture, inventory drawdowns are in place, demand is strong. that's all positive for oil prices buying rsp so the upside of that is potentially $2 billion in synergies. overall like the energy sector from here and concho we think is a great play. >> how do you think of the possible pullout of the iranian deal and the impact on oil prices >> we think if we pull out of the deal over an extended period of time, it will cause downside in the prices. if we were to pull out immediately, oil prices could go up from here but either way we think the range we're in is pretty stable with bias to the upside. >> if oil prices go higher because iranian oil taken off the market, could that present an opportunity for other oil players to replace those barrels of oil that are
energy has had a difficult time because for a long time energy equities didn't respond to what oil prices have been doing more recently that relationship has been reignited what did you see here? >> we think the energy sector is in a sweet spot. even if it causes volatility and downside, would use that as a buying opportunity bigger picture, inventory drawdowns are in place, demand is strong. that's all positive for oil prices buying rsp so the upside of that is potentially $2 billion in...